Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract
RBI - Press Releases · Published 6 November 2026 · Last updated
India's foreign exchange reserves stood at $717.06 billion as of late October 2026, while commercial bank credit expanded by 18.2% year-on-year, outpacing aggregate deposit growth of 16.7%.
Key points
- India's Total Foreign Exchange Reserves stood at $717,056 million (₹68,08,728 crore) as on October 30, 2026, registering a weekly contraction of $2,691 million.
- Foreign Currency Assets (FCA), the largest component of reserves, stood at $591,118 million, declining by $2,088 million over the week but up $38,835 million from end-March 2026.
- FCA calculations formally exclude Reserve Bank of India SDR holdings, investments in IIFC (UK) bonds, lending under SAARC and ACU currency swap arrangements, and contributions to Nexus Global Payments.
- Gold reserves reached $102,591 million (₹9,74,120 crore) on October 30, 2026, showing a weekly decline of $559 million and a decline of $12,805 million relative to end-March 2026 levels.
- Special Drawing Rights (SDRs) stood at $18,558 million, while India's Reserve Tranche Position (RTP) in the International Monetary Fund stood at $4,790 million.
- Scheduled Commercial Banks reported an outstanding Bank Credit of ₹22,742,777 crore as of October 15, 2026, recording an accelerated year-on-year growth rate of 18.2% compared to 11.6% in 2025.
- Non-food credit drove commercial lending at ₹22,642,685 crore, while Food Credit stood at ₹100,093 crore.
- Aggregate Deposits of commercial banks reached ₹27,875,910 crore, posting a 16.7% year-on-year increase compared to 9.5% in the corresponding previous year.
- Under the Banking Laws (Amendment) Act, 2025, the statutory reporting definition of a bank fortnight shifted from alternate Fridays to the 15th and last calendar day of every month, effective December 15, 2025.
- Loans and advances extended by the RBI to State Governments stood at ₹20,463 crore as on October 30, 2026, whereas outstanding credit to the Central Government remained at zero.
- Broad Money supply (M3) reached ₹33,300,300 crore as on October 15, 2026, reflecting expansion across currency and commercial bank deposits.
Background
- July 2023: The merger of a major non-bank housing finance entity with a commercial bank took effect, creating structural statistical shifts in reported bank credit and deposit growth aggregates.
- December 2025: The Banking Laws (Amendment) Act, 2025 revised statutory reporting cycles, redefining the reporting fortnight from alternate Fridays to fixed calendar cutoffs on the 15th and last day of each month.
- March 2026: India's total foreign exchange reserves closed the 2025-26 financial year with strong foreign currency inflows, setting baseline benchmarks for fiscal year 2026-27.
- October 2026: The 36th Conference of State Finance Secretaries convened at the RBI in Mumbai, focusing on expenditure quality, effective cash management, and prudent debt sustainability across states.
- November 2026: The Reserve Bank of India released extract tables of the Weekly Statistical Supplement detailing balance sheet movements, forex holdings, money supply, and scheduled commercial banking indicators.
UPSC relevance, Prelims facts and Mains angle for this issue are in the full SWAदेSH note.
Original report: RBI - Press Releases